Marcia Reyes
Status: Paid Back
| $900.00 | Loan Request | |
|---|---|---|
| $900.00 | Paid Back |
About the Entrepreneur
| Name: | Marcia Reyes |
|---|---|
| Location: | Guayaquil, Ecuador |
| Activity: | Retail |
About the Loan
| Loan Amount: | $900.00 |
|---|---|
| Loan Use: | Buy more diverse line of gifts |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Nov 12, 2007 |
| Date Disbursed: | Nov 27, 2007 |
| Date Funded: | Nov 13, 2007 |
| Loan Ended: | May 26, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | MIFEX |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 43 months |
| Kiva Entrepreneurs: | 1918 |
| Total Loans: | $1,396,800 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 24.14% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ecuador |
|---|---|
| Avg Annual Income: | $4,776.00 |
| Currency: | United States Dollars (USD) |
Marcia is a 38 year old married mother of 3 children. She sells baby clothes, strollers, and toys. She began her business with $100 dollars from a friend. At first, she only sold strollers and toys for babies. Now she sells baby walkers, diaper bags, and a range of baby products. This is a profitable business as very few stores are dedicated to baby products. Marcia saw another opportunity in carrying lotions, shampoo and soaps. She used her first loan to purchase these items in bulk. This benefited her business and helped it grow.
Marcia knows that gifts for babies and children are especially popular during the holiday season. She is requesting a second loan with Mifex and Kiva to invest in these products. Her clients have actually requested them from her so she is confident the profit from these sales will give her family economic security and help her improve her business.
Marcia’s dream is to make improvement to her home so her family lives more comfortably. She is thankful for the ongoing support of Mifex and Kiva.
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Journal entries for Marcia Reyes
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Agradecimientos
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Nov 15, 2007 |
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Comments (1)
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Repayment Schedule for Marcia Reyes
Repayment Schedule for Marcia Reyes
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2008 | $150.00 | $150.00 |  Repayment Received
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| March 2008 | $150.00 | $150.00 | Repayment Received
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| April 2008 | $150.00 | $150.00 | Repayment Received
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| May 2008 | $150.00 | $150.00 | Repayment Received
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| June 2008 | $150.00 | $150.00 | Repayment Received
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| July 2008 | $150.00 | $150.00 | Repayment Received
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